FURY erupted last night as it emerged Mark Carney, incoming Governor of the Bank of England, will be paid £250,000 in housing costs in addition to his salary and pension.

Mr Carney, married with four children, is moving from Canada where he is governor of the central bank. He takes up his new post next July on a salary of £480,000 with pension contributions of £160,000.

Mr Carney is getting more per year in housing allowance than the average price of a British home.

Matthew Sinclair, of the TaxPayers’ Alliance

But Matthew Sinclair, of the TaxPayers’ Alliance, said: “It will stick in the throat of many that Mr Carney is getting more per year in housing allowance than the average price of a British home.”